USDA or Rural Development Home Appraisal Requirement follow the most current FHA appraisal requirements. In 2015, FHA increased appraisal standards and requirements for a house to qualify for FHA financing. Assuming the house actually meets each of these standards below, these are the new comments I’ve added to my Baton Rouge USDA Home Appraisal Reports […]
Provide Legal Documents: An appraiser should have a preliminary title report and TDS for a FHA appraisal since FHA says the mortgagee MUST provide Sourced through Scoop.it from: sacramentoappraisalblog.com 10 things Appraisers are now being asked to do for FHA appraisals 1.) The Appraiser MUST… 2.) Observation vs. Inspection: The appraisal “inspection” is now called […]
Major Baton Rouge FHA News Flash! FHA is Adopting Similar HVCC Standards As Of January 1, 2010….Get Ready For More Change!
http://www.fhaappraisersbatonrouge.com/ – Mary Thompson, GA Appraiser, Outlines FHA’s Move Towards HVCC Appraisal Rules….Get Ready For More Change! Mary Thompson, Flowery Branch, GA, issued a post on Active Rain this morning that outlines the changes in FHA Appraisal Policy…..AND, it includes some Good News for FHA Appraisers regarding FEES! The link to the post is here. […]
http://www.fhaappraisersbatonrouge.com/ – Greater Baton Rouge FHA Appraiser Tip: I Told You FHA Was On The Way To Imploding It was about 1.5 years ago that I starting saying that we the U.S. Taxpayers would be bailing out FHA. After the mortgage meltdown, when FHA became the “Savoir” of the mortgage market, I began to receiving […]